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CUC preparing some rate cases for CPUC
The Commonwealth Utilities Corp. plans to bring up several rate cases with the Commonwealth Utilities Public Commission once the CPUC hires a new consultant.
CUC executive director Alan Fletcher said among the items that CUC wants to present to the commission is a petition to be allowed to adjust the levelized energy adjustment clause or LEAC every month, the LEAC reconciliation in February, retaining the infrastructure surcharge, and increasing the water and wastewater rate cases.
CUC is already allowed to adjust its LEAC rate each month but CUC wants to make this adjustment on its own without having to go back to CPUC after adjusting the rate.
Another is the LEAC reconciliation or true-up to adjust any over- or under-collection of fuel costs from prior LEAC periods. The CUC board earlier proposed that over-collections be distributed back to the public as billing credits.
For the infrastructure surcharge, CUC is thinking of retaining it in order to sustain their level of improvements in their distribution system.
Fletcher said that due to almost four years of no rate increases, the water and wastewater rate case will also be brought up to CPUC.
